‘Bitcoin is a gambling token, and it doesn’t have any intrinsic value’ — Warren Buffett
The nonagenarian said there’s been an “explosion of gambling” while comparing Bitcoin to roulette, sports booking and chain letters.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The nonagenarian said there’s been an “explosion of gambling” while comparing Bitcoin to roulette, sports booking and chain letters.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Binance Publishes Zero-Knowledge Reserve Proof for BTC, ETH and 8 Other Tokens After Hack
Binance said on Nov. 2 that it has finished the full zero-knowledge proof for its Oct. 31 proof-of-reserves snapshot, so anyone ho...
ZeroBeta and Lynq Connect Tokenized Treasury Collateral to Lending and Margin
TL;DR ZeroBeta and Lynq announced their collateral integration on October 27. The arrangement connects BlueShift risk controls to...
HKMA Pilot Lets Banks Settle Tokenized Deposits Nights and Weekends in Central Bank Money
Banks in Hong Kong can now settle tokenized deposit transactions with one another 24 hours a day, seven days a week, using tokeniz...
Backpack Warns of Fake Tokenized Stock Airdrops
Scammers may cite genuine token addresses to appear legitimate, the company said, directing users to its official Solana mint dire...
Broadridge Signs On to Run Shareholder Votes for NYSE’s Planned Tokenized Stocks
Broadridge Financial Solutions, which runs the ProxyVote shareholder voting platform, will provide onchain governance for the New...
Vitalik Devcon Cosplay Steals the Show as Bitmine Loads Up on More Ethereum
Devcon attendees got an unexpected laugh when Ethereum co-founder Vitalik Buterin appeared on stage wearing a green cloak and a sm...